"Sorry, but that statement isn't correct imo. I might agree with you on daily crosses but the validity increases significantly with weekly, monthly and quarterly"
Bingo!,,the longer term chart dominates the shorter....the way it is....tr
opnion, everyone should use what works best for them. I've looked back 20-years and have found daily, weekly, and monthly 50/200 SMA crosses to be trailing indicators that often times occur near pivot points in opposite correlation to their supposed "signals".